Fridsay and monday IFP bought 362890 more shares bringing the total to 1531120 in only
9 trading sessions.the total outstanding shares have already been reducred by 1.74%
Taken from Interfor Q3 results report.
My lumber companies are raking in cash like never before.IMO, we are only in the second or 3rd innings in this strong upward move.
Softwood Lumber Duties o Interfor expensed $19.7 million of duties in the quarter, representing the full amount of countervailing and anti-dumping duties incurred on its Canadian shipments of softwood lumber into the U.S. at a combined rate of 20.23%. Cumulative duties of US$121.1 million have been paid by Interfor since the inception of the current trade dispute and are held in trust by U.S. Customs and Border Protection. o On February 3, 2020 the U.S. Department of Commerce issued preliminary revised combined rates of 8.37% for 2017 and 8.21% for 2018. These rates remain preliminary, with final rate determinations not expected until November 2020. At such time, the final rates will be applied to new lumber shipments. No adjustments have been recorded in the financial statements as of September 30, 2020 to reflect the preliminary revised duty rates.